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·Bill Gates participated in the creation of t=
his
company

·The idea behind the company was:“World needs clean energy=
221;,

Nuclear energy seems to be a good opt=
ion to
provide such energy … IF!!!!Waste can be reduced or eliminated.

·Tra=
veling
wave reactor

*&nb=
sp;
It is a reactor that uses “nuclear waste” as its energy
source.

*&nb=
sp;
In the USA (today) there are 109 nuclear reactors. (19% of the total
energy)

*&nb=
sp;
19% of the Uranium is not totally used in the nuclear cycle, basical=
ly
is nuclear waste. (I am not really sure if he said 19%, but the point was t=
hat
there is more than enough nuclear waste today that can be used to fuel
traveling wave reactors).

*&nb=
sp;
The “depleted uranium” byproduct of traditional nuclear =
reactors,
it is now a commodity that can be used to generate energy in this new kind =
of
reactors.

*&nb=
sp;
The company (Terra Power) it has many investors/partners in the USA<=
/p>

· &nb=
sp;
The USA was leader in nuclear energy in the
50’s to 70’s , now other countries took the lead (France, Germa=
ny,
Japan, among others) …. France produces 80% of its energy via nuclear
energy.

· &nb=
sp;
With the current level of depleted uranium in
the USA, traveling wave reactors could create $100 trillion worth of
electricity.